EchoStar Corp
NASDAQ:SATS
SATS's latest stock split occurred on Sep 11, 2019
The company executed a 1234-for-1000 stock split, meaning that for every 1000 shares held, investors received 1234 new shares.
Before the split, SATS traded at 37.2566 per share. Afterward, the share price was about 38.35.
The adjusted shares began trading on Sep 11, 2019. This was the only stock split in SATS's history.
1S9
EchoStar Corp
Glance View
EchoStar Corporation, a stalwart in the satellite communications sector, has traversed several transformations since its inception. Born in 1980 out of Charlie Ergen's vision, EchoStar carved its niche by first selling C-band satellite dishes. As the gears of technological advancement turned, the company evolved from a hardware-focused entity into a versatile provider of satellite services. With an eye always set on the sky, EchoStar built its reputation by launching a fleet of satellites under the Hughes Network Systems brand, offering a suite of broadband services across the globe. This transformation was pivotal, positioning EchoStar not just as a service provider, but as a key player in the satellite Broadband Internet market. Today, EchoStar functions like a well-orchestrated symphony, capitalizing on its satellite fleet to provide communication services and technology solutions worldwide. The revenue streams are almost as diverse as its customer base, which ranges from enterprise customers to individual broadband internet users. It generates income not only through its Hughes division, providing internet services over areas typically underserved by traditional broadband, but also via satellite television and secure communication solutions for government and enterprise clients. Each satellite orbiting in the vastness of space mirrors EchoStar’s commitment to staying connected with the future, transmitting a beacon of both opportunity and innovation to customers, partners, and stakeholders alike.
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